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35-yr-old arrested for duping businessman of Rs 1.6 crore

Press Trust of India  |  New Delhi 

A 35-year-old man was arrested three years after he allegedly cheated a of Rs 1.6 crore on the pretext of selling him agricultural land in at a very low rate, police said Monday.

The accused, Kuldeep Khare, a resident of in Madhya Pradesh, was carrying a reward of Rs 50,000 on his arrest, they said.

On October 31, 2015, Rajesh Kumar, a resident of Pitampura, filed a complaint alleging that Khare, a of Pure Consultancy Solution Pvt Ltd, along with his other associates, approached him to sell 100 acres agricultural land at Betul in at a very cheap price, a said.

Thereafter, Kumar transferred Rs 1.6 crore to various accounts of the accused people to purchase the land. After receiving the money, the accused gave him fake documents, police said.

However, when Kumar went to take the possession of the land, he came to know that he had been duped, the said.

Earlier, all accused were arrested but Khare was granted interim bail, but he never returned to attend further proceedings, of Police (Crime) said.

Khare had been evading arrest since the last two years, Naik said, adding that he was arrested near the on Sunday.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, March 11 2019. 20:58 IST